5 Best Short-Term Stocks to Invest In

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In this article, we will take a look at the 5 best short-term stocks to invest in. To read our analysis of the recent market activity, you can go to the 14 Best Short-Term Stocks to Invest In.

5. New Fortress Energy LLC (NASDAQ:NFE)

3-Month Return as of November 21: 20.08%

One-Year Return as of November 21: -25.50%

Number of Hedge Fund Holders: 25

New York-based New Fortress Energy LLC (NASDAQ:NFE) is a global energy infrastructure company that develops, finances, and operates natural gas facilities, power plants and logistics solutions to deliver fully integrated, turnkey energy solutions.

On November 7, New Fortress Energy LLC (NASDAQ:NFE) announced the close of up to $575 million in financings to complete construction of its 630 MW Barcarena power plant, which is approximately 37% completed pursuant to a fixed-price, date-certain EPC contract with Mitsubishi and Toyo Setal.

New Fortress Energy LLC (NASDAQ:NFE) is working on a deleveraging plan to strengthen the financial position of the company and has identified non-core assets for potential sale that can bring in nearly $1.0 billion. The divestitures are expected to be undertaken in the next 12 months, according to the company.

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